When it comes to real estate investment, the suburbs of Bangalore offer you everything aside from the twin benefits of convenience and affordability. North Bangalore is undergoing rapid development in a well-planned orderly way, especially in key infrastructural areas.
The need for homes is only going up due to the steady influx of working professionals looking for career opportunities. With the north emerging as the new destination for tech parks, the suburbs here are witnessing rapid growth in real estate activity. For those planning on investing, the suburbs of North Bangalore should top your priority list. Here’s why:
There is a strong presence of IT companies in the suburbs of Bangalore due to the easy availability of large tracts of commercial land. This has been accompanied by rapid infrastructure growth along with a rise in residential complexes. With a large population of techies working here, there is a consequent need for housing for them in close proximity to their workplace.
Areas in North Bangalore like Yelehanka, Devanahalli, Hebbal and the International airport are all well-connected to Bangalore city via the Namma Bengaluru Metro Rail, the proposed Peripheral Ring Road and the Bellary Road. This makes localities in North Bangalore one of the most preferred real estate destinations.
Properties in North Bangalore are available at lower rates as compared to those in the city. Likewise, they offer greater returns on investment with the rising real estate in the north. Returns on rental properties are also very lucrative.
Choice of properties
There are different types of properties available in Bangalore’s suburbs ranging from villas, apartments, new launches, gated community projects, etc. Depending on your budget, you are sure to be spoilt for investment choices.
Properties in the suburbs have their own charm as they are away from pollution sources and the hustle-and-bustle of the city. Here you can find freedom from lifestyle diseases and revel in a greener and more peaceful existence.
With the northern suburbs of Bangalore offering so many benefits, this is the best time to buy into the real estate sector here. Check out the luxurious ‘Under the Sun’ villas nestled within a 30-acre fruiting orchard in the strategically-located Devanahalli area of north Bangalore. Close to the metro station, the highway as well as the airport, these 3 & 4BHK villas enjoy the benefits of both the city and the suburbs. Loaded with an unbelievably luxurious plethora of lifestyle amenities, these gated community villas make the best investment options.